The newly-established stock exchange in Beijing began to solicit opinions on Friday on the review rules for initial public offerings, the refinancing of listed companies and material asset reorganization.

The Beijing Stock Exchange, which is structured as a limited company, was registered with a capital of 1 billion yuan (about 155 million U.S. dollars) on Sept. 3, a day after the new stock exchange was announced, according to the public registration information.

The bourse is designed to be a primary platform for smaller firms to meet their financing needs.